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to provide a voice of the world. last week's european council agreed the overall limit on eu spending for the next seven years, starting in 2014. been agreed in the past, spending has gone up, but last week we agreed that spending should come down. by working with like-minded allies, we delivered a real- terms cut in what brussels can spend for the first time in history. as the house knows, the eu budget is negotiated annually, so what we were negotiating -- initially at the council last november and again last week -- was not the individual annual budgets, but rather the overall framework for the next seven years. this includes the overall ceilings on what can be spent -- effectively, the limit on the european union's credit card for the next seven years. during the last negotiation, which covered the period 2007 to 2013, the last government agreed to an 8% increase in the payments ceiling, to 943 billion. put simply, this gave the eu a credit card with a higher limit, and today we are still living with the results of allowing the eu's big spenders to push for more and more spending
with the eu. not necessarily with a decent of urgency. it does not suggest a great deal of pace. it may surprise you that we want this as much as you do. ladies and gentlemen, important as they are, services can be seen in perspective " for be made of the defining narrative. while we must sort out these challenges, it is not in our interest to define racial profiling. we will discuss market access issues at the trade policy forum. we also need to find a positive narrative that will bind our countries together. one is in the energy sector. without access to energy inputs, we will not be able to sustain economic development. therefore, an enduring partnership should not only cover technological and regulatory aspects, but established commercial partnerships. as the u.s. becomes a net exporter of energy, we hope we can develop mutually beneficial partnerships. renewable energy, biofuels and emission technologies. in each of these cases, there can be immediate benefits for both sides. you're interested in exporting natural gas and exporting to non fta countries would help stabilize internat
Search Results 0 to 1 of about 2